recourseLoan

A Schema.org Property

This term is in the "new" area - implementation feedback and adoption from applications and websites can help improve our definitions.

Thing > Property :: recourseLoan

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Canonical URL: https://schema.org/recourseLoan
Check for open issues.

The only way you get the money back in the event of default is the security. Recourse is where you still have the opportunity to go back to the borrower for the rest of the money.

Values expected to be one of these types

Used on these types


                
                    
                        
    
    
    LoanOrCredit

Acknowledgements

Financial Industry Business Ontology project

This element is based on the work of the Financial Industry Business Ontology project (see http://www.fibo.org/schema for details), in support of the W3C Financial Industry Business Ontology Community Group (http://www.fibo.org/community). Many class and property definitions are inspired by or based on http://www.fibo.org.

Source

https://github.com/schemaorg/schemaorg/issues/1253